3:05pm: Bernanke and the central bank raise estimates for economic growth and lower -- just slightly -- the projected jobless rate for the next few years. MoreJob cuts: A trickle of hope
As large architecture firms cut staff, a small firm lowers its overhead by hiring laid-off architects as consultants.
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Report shows 10.7 million borrowers are stuck with homes that are worth less than the mortgages they owe. more
Overnight avgs
| 30 yr fixed mtg | 5.02% |
| 15 yr fixed mtg | 4.55% |
| 30 yr fixed jumbo mtg | 5.89% |
| 5/1 ARM | 4.18% |
| 5/1 jumbo ARM | 4.74% |
A sneak peak into a Chinese luxury men's clothier that sells suits to Warren Buffett and Chinese president Hu Jintao. Play
As large architecture firms cut staff, a small firm lowers its overhead by hiring laid-off architects as consultants. Play
There are many benefits to work a few extra years beyond retirement age, says expert. Play
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